The US group Fortune Brands Inc, which owns Jim Beam Brands, said yesterday that its third quarter profits were up 29%, thanks in part to strong growth Jim Beam Bourbon.
Net profit reached US$146.1m in the period compared to US$113.2m in the third quarter last year.
Sales rose 8.2% to US$1.58 billion.
Profits at the spirits and wine division were up 12.1% on a 10.5% rise in sales.
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Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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